Keli Motor Group Co (SZSE:002892) Long-Term Capital Lease Obligation : ¥10 Mil (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Keli Motor Group Co Long-Term Capital Lease Obligation?

Keli Motor Group Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥10 Mil.

Keli Motor Group Co's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 (¥1 Mil) to Jun. 2024 (¥11 Mil) but then declined from Jun. 2024 (¥11 Mil) to Sep. 2024 (¥10 Mil).

Keli Motor Group Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (¥14 Mil) to Dec. 2022 (¥3 Mil) and declined from Dec. 2022 (¥3 Mil) to Dec. 2023 (¥1 Mil).

Keli Motor Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Keli Motor Group Co's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Keli Motor Group Co Long-Term Capital Lease Obligation Chart

Keli Motor Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

10.63

14.09

2.61

1.08

Keli Motor Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.30	1.08	0.51	10.53	10.21

Keli Motor Group Co (SZSE:002892) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Keli Motor Group Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Keli Motor Group Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Keli Motor Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Keli Motor Group Co Ltd (SZSE:002892) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

No. 49, Nanzheng North Road, Lijiaping Town, Shuyang County, Hunan Province, Shuyang County, CHN, 426181

Website

http://www.kelimotor.com

Keli Motor Group Co Ltd manufactures and sells micro motors in China. Its product line includes Shaded pole motor, Step motor, Universal motor, Cross-flow blower, Pump and Reduction gear motor. These motors are widely used in microwave oven, exhaust fan, oven, fan heater, electric fireplace, air conditioner, food processor, hair dryer, air pump, vacuum cleaner, paper shredder, air pump, water pump (dishwasher washer pump, draining pump), garden tools, electric tools, household appliances, and industrial control equipment.

Executives

Nie Bao Sheng	Director
Ceng Li Gang	Supervisors
Liu Hui	Supervisors
Jiang Yao Gang	Supervisors
Nie Peng Ju	Directors, executives
Li Wei	Secretary, Director
Tang Yi	Director

Keli Motor Group Co Headlines

No Headlines